116 Featherbed Lane

Owner: Fairstead

Debt: March 09, 2026, $44.9 million

Built: 1923

Renovated: 1982

SF: 84,000

Dwelling units: 72

No. of buildings: 1

Class: Semi-Fireproof With Stores (D7)

Floors: 6

Transactions:

• Fairstead and People Restoring Communities borrowed $44.9 million from Berkadia Commercial Mortgage for 1551 Shakespeare Avenue, 1601 Macombs Road, 1662 Vyse Avenue, 1685 Hoe Avenue, 1698 Vyse Avenue, 1690 Vyse Avenue, 1668 Vyse Avenue, 1680 Vyse Avenue, 1717 Bryant Avenue, 1604 Jesup Avenue, 1595 Macombs Road, and 1685 Bryant Avenue, Morris Heights, Bronx on March 09, 2026.

Development:

• Harpreet Singh filed alteration job X00854925 for 5,000 sqft building with 72 apartments in Morris Heights, Bronx, on April 11, 2023.

• John Chatzky filed alteration job 220284190 for RES building with 72 apartments in Morris Heights, Bronx, on April 08, 2013.

• John Chatzky filed alteration job 220253259 for RES building with 72 apartments in Morris Heights, Bronx, on February 25, 2013.

• Lorriane Ryan filed alteration job 220115952 for RES building with 72 apartments in Morris Heights, Bronx, on April 22, 2011.

• Frank Didio filed alteration job 220101743 for RES building with 72 apartments in Morris Heights, Bronx, on January 24, 2011.

Violations:

According to city public data, the properties have received two DOB violations, 18 housing violations, and $7,925 in OATH penalties in the last year.